NOT LISTED FOR SALE
6 Beds
3 Baths
2,465 Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: March 14, 2025

Last sale price $1,100,000 $446 Per Sq Ft

29 Days on Market

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of March 2025

261-63 H Street is a rare investment opportunity featuring three value-add detached homes, each offering 2 bedrooms and 1 bathroom with approximately 765 square feet of living space per unit. Situated on a large 12,615-square-foot lot, this property offers development potential alongside substantial rental upside. Additional features include two single-car garages and laundry hookups for each unit. Located less than a block from Downtown Chula Vista and just 1.6 miles from the Chula Vista Bayfront Development, this property is ideally positioned in a high-demand area.

Last Agent to Sell the Property

Nick Azoff

Starker West, Inc. License #02035396 Listed on: 12/03/2024

Last Buyer's Agent

Maria Bonavilla

Maria Elena Hernandez, Broker License #01264427

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 12,615 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 568-512-34-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Chula Vista Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $16,796

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0.29 Acres

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Third Ave
  • Neighborhood: Chula Vista
  • LP / Sq Ft: 14.18
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Chula Vista
  • Pets Allowed: Yes
  • Community: CHULA VISTA

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 568-512-34-00
  • Estimated Lot Dimensions: 49x257
  • Estimated Lot Sq Ft: 12615
  • Estimated Number of Acres: 0.29
  • Map Code Column: C
  • Map Code Page: 1310
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 16796
  • Gross Rent Multiplier Actual: 27.6
  • Gross Rent Multiplier Projected: 10.7
  • Number Of Buildings: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $1,100,000 0.0% $446 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,100,000 -- $446 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,661 $490,487 $399,031 $91,456
2024 $5,661 $480,870 $391,207 $89,663
2023 $5,583 $471,442 $383,537 $87,905
2022 $5,423 $462,199 $376,017 $86,182
2021 $5,298 $453,138 $368,645 $84,493
2020 $5,171 $448,492 $364,865 $83,627
2019 $5,038 $439,699 $357,711 $81,988
2018 $4,960 $431,079 $350,698 $80,381
2017 $4,856 $422,627 $343,822 $78,805
2016 $4,742 $414,341 $337,081 $77,260
2015 $4,675 $408,118 $332,018 $76,100
2014 $4,598 $400,125 $325,515 $74,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240027809

San Diego MLS
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